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Fuel demand
Oil Refinery
HPCL Plans to Raise Vizag Oil Refinery Capacity by 20% to Meet Fuel Demand
State-run Hindustan Petroleum (HPCL) plans to increase the capacity of its Vizag oil refinery in southern India by as much as 20 per cent to meet growing local …
Oil Refinery
China’s Vast Refining Sector Faces Shakeout as Fuel Demand Peaks
China National Petroleum Corporation (CNPC)'s Dalian Petrochemical Corp refinery is seen near the downtown of Dalian in Liaoning province, China July 17, 20…
Oil Price
Oil Prices Edge Down for Second Day Straight on Rising US Fuel Inventories
Oil prices declined for a second day on Thursday after large builds in fuel inventories in the US, the world's biggest oil user, though expectations for inc…
Hydrogen Fuel Vehicle
Hydrogen Demand From Transportation Sector Up 64 Pct in 2024
South Korea’s demand for hydrogen fuel in the mobility sector jumped 64 percent in 2024 from a year earlier, driven by the increasing number of hydrogen b…
Crude Oil
Canadian Oil Producers Forecast Higher Production in 2025
Three of Canada's biggest oil producers, Suncor Energy, Cenovus Energy and Imperial Oil, projected higher production in 2025, betting on resilient demand fo…
Oil Price
World's Top Oil Refining Hub Is Running Hard as Exports Boom
US Gulf Coast refineries are running the hardest for this time of the year in more than three decades as they rush to take advantage of strong fuel demand from …
Oil & Gas Trade
World’s Top Oil-Refining Hub Is Running Hard as Exports Boom
US Gulf Coast refineries are running the hardest for this time of the year in more than three decades as they rush to take advantage of strong fuel demand from …
Biofuel
Africa-Focused Energy Trader Mocoh Sets up Biofuels Arm
Africa-focused energy trader Mocoh SA has set up a new biofuels trading arm with Clear Sustainable Energy Trading AG to target growing sustainable fuel demand f…
Ammonia
Green Ammonia Could Decarbonize 60% of Global Shipping by 2050, Study Reveals
Green ammonia could be used to fulfil the fuel demands of over 60% of global shipping by targeting just the top ten regional fuel ports, a new study shows.Illus…
Oil Price
Oil Prices Edge Higher as China Announces Further Stimulus Measures
Oil prices edged higher on Monday as China's latest stimulus measures helped to alleviate fuel demand concerns.Brent, the benchmark for two thirds of the wo…
Oil & Gas Trade
Oil Stays Firm on China Growth Hopes
Oil prices rose in Asian trade, supported by hopes a solid economic rebound in China will drive up fuel demand, offsetting worries about further US interest rat…
Oil Price
Oil Prices Steady Amid Prospects of Fuel Demand Rebound in China
Global oil demand is set to surge to record levels this year as China's economy recovers. GettyOil prices were steady in morning trade on Monday as the pros…
Crude Oil
OPEC+ Agrees to Stick to Oil Output Targets Amid Improving China Outlook
Opec's headquarters in Vienna. APThe Opec+ alliance of 23 oil-producing countries has agreed to roll over its existing oil output cuts as the fuel demand ou…
United States
Oil Prices Rise After Surging 3% On China Recovery Optimism
Pump jacks at an oilfield in Texas. Oil futures gained despite a surprise rise in US crude stocks.Oil prices rose on Thursday after surging by about 3 per cent …
Net Zero Emission
Shell Signs ‘Large’ Cellulosic Ethanol Deal With Raízen Amid Growing Sustainable Fuel Demand
Energy giant Shell has entered into a long-term agreement with Brazil’s Raízen to buy a total of 3.25 billion litres of sugar-crane cellulosic ethanol in a bi…
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